Data security as a top priority
Posted: Tue Apr 22, 2025 4:55 am
As of 2021-2022, cyberattacks are the number one risk to the global economic system. In 2020-2021 alone, the number of cyberattacks increased by 1318%, and according to UpGuard, the financial sector accounts for almost 25% of all phishing attacks.
We wrote about the types of attacks most often encountered in partner projects in the article Data Security of Network Companies .
As part of a cybersecurity strategy, organizations use firewalls, develop bank data specialized and secure software, apply data entry patterns and frameworks, connect services for protection against DDoS attacks, use programs to protect against spam and phishing, log critical sections of the project's algorithm in the blockchain , etc.
Additional security measures that are actively used for protection include multifactor (for example, push notifications with a code) and biometric authentication (allows users to log in using a fingerprint, face or voice). Also, the largest players in the banking sector are engaged in behavioral biometrics - analyzing the physical and cognitive behavior of the user, from mouse activity to keystroke speed.
We wrote about the types of attacks most often encountered in partner projects in the article Data Security of Network Companies .
As part of a cybersecurity strategy, organizations use firewalls, develop bank data specialized and secure software, apply data entry patterns and frameworks, connect services for protection against DDoS attacks, use programs to protect against spam and phishing, log critical sections of the project's algorithm in the blockchain , etc.
Additional security measures that are actively used for protection include multifactor (for example, push notifications with a code) and biometric authentication (allows users to log in using a fingerprint, face or voice). Also, the largest players in the banking sector are engaged in behavioral biometrics - analyzing the physical and cognitive behavior of the user, from mouse activity to keystroke speed.